Ganesh Housing Corporation Limited established in 1960s by Late Shree Govindbhai C. Patel – founder Chairman of the group. Ganesh Housing Corporation Limited is top list players in Gujarat real estate.
Ganesh Housing Corporation Limited (earlier known as Ganesh Housing Finance Corporation Limited) is a flagship company of the Ganesh Group. Ganesh Housing Corporation Limited was incorporated as a Public Limited Company on 13th June, 1991. The equity shares of the company are listed on prominent stock exchanges like Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE).
GANESH HOUSING CORPORATION LIMITED has built a strong presence in and around Ahmedabad. Ganesh Housing Corporation Limited has developed and sold over 22 million sq.ft. Of real estate space, and 2.5 million sq.ft. Still Currently under development. GANESH HOUSING CORPORATION LIMITED has one of the largest developable land bank in the city, with more than 50 million sq.ft. Of space, containing a possible development area of 100 million sq.ft.
GANESH HOUSING CORPORATION LIMITED & specializes in the residential sector, with a focus on the mid and higher income segment of the market. The company, though, has left no stones unturned. It has seamlessly entered the commercial, retail and township format of the industry. GANESH HOUSING CORPORATION LIMITED plans to expand its expertise in these segments in order to continuously offer better spaces to its customers.
GANESH HOUSING CORPORATION LIMITED is a ISO 9001-2008, ISO 14001: 2004 & OHSAS 18001: 2007 certified company.
Why to Buy?
- Book Value is 172.29 and Stock Price is 115 Rs
- Zero Debt Company
- Good Land Bank
- Sales is Double in Fy18
- Promoter Group Hold 56 % and some of good mutual fund invested in this company
- Face Value is 10, Dividend 20%, Operating Margin 50%.
- Upcoming Quarter Performance is good.
Market Cap.: 566.25 Cr.
Current Price: 115.20
Book Value: 174.91
Stock P/E: 8.11
Dividend Yield: 1.73%
Face Value: 10.00
Listed on BSE and NSE
52 Week High/Low: 158.00 / 58.00
One Can Take Short to medium term Positional buy GANESH HOUSING (526367)@115 CL. SL. 106 TGT. 125/135+